2333 Lk Ave Altadena, CA 91001-2463
This exceptional 26,249 square foot retail property, situated on a 1.15-acre lot at 2333 Lake Avenue in Altadena, California, presents a compelling investment opportunity. The building, renovated and structurally retrofitted in 1991, boasts excellent visibility from Lake Avenue and benefits from high daily traffic counts of 13,793 vehicles. Its strategic location provides easy access to the 210, 134, and Glendale freeways, ensuring convenient access for customers and employees. The property is currently fully leased, generating substantial income. The diverse range of suites caters to a variety of tenants, and ample surface parking is available for customer convenience. This prime Altadena location is surrounded by numerous national retailers, including major anchors such as Chase Bank, 10th Planet Fitness, and Planned Parenthood, further enhancing its desirability and attracting a significant customer base. Strong area household and population demographics contribute to the property's consistent performance and long-term potential. This is a rare opportunity to acquire a fully leased, high-performing retail center in a thriving Altadena location.
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Webster's Community Pharmacy Pharmacy
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Chase Mortgage Loan Service Bank
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Latin Dance Pro Training Center
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Chase Bank Bank Loan Service
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Mathnasium Tutoring Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LCC3VV · Altadena, CAAltadena. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.